A money mule is a someone who allows the transfer of illegally acquired money through a bank account. Sometimes these people know or sometimes they have no idea that they are transferring illegally obtained money. They are just like intermediates in the laundering process used by fraudulent.

This API analyzes the transaction patterns and user behavior instantly, which helps businesses detect suspicious activities that may show signs of money laundering or illegal transactions.

How API Works?

• Input: Enter Phone number, Email ID, Name, Pincode, and IP address.
• Output: UPI Details, EPFO, Digital Identity Details, Phone details, Email Details, IP blacklist.

Use Cases

• Banks and Financial Institutions : Banks can use the Money Mule Detection API to monitor transactions and customer behaviour, helping them quickly identify any suspicious activities.
• Payment Gateway : Payment processors can integrate the API to spot risky transactions in real-time, which reduces the chance of handling illegal funds.

Benefits

• Real-time detection : The API analyzes the transaction pattern and behaviour and spots suspicious activity in real-time.

• Enhanced Security  : It helps increase security by quickly identifying and preventing suspicious activities.

• Compliance  : This API helps you stay compliant with financial regulations by ensuring that transactions are free from illegal activities.